Credit scoring
Aug 19, 2022
- The system allows to acquire the data about client from external sources and record them structure and related database with any human interference.
- The lending decision is made on real time human less engine based on lending rules provided by financial institution.
- Changes in lending rules without need of additional coding.
- Total 22 microservices in duty
- to obtain data from various sources and record the information in structured data.
- to find client, loan and application by certain criteria and provide the information found.
- to create application and process it.
- to calculate credit score and create score card for application.
- to obtain monitoring data for a client and existing loans.
- Database synchronized with core banking system.
- User interface for application processing till credit score card creation.
- Extended search for client data (bio, family, employment, assets, income sources, etc).
- Extended search for application (application details, data from external sources and scoring).
- Details of external credit and other obligation at loan application and attached to its record.
- Including the payment history of each external loan.
